National Oilwell Varco, Inc.'s Cash Tender Offer

Winston & Strawn LLP represented National Oilwell Varco, Inc. (the “Company”) (NYSE: NOV), a leading provider of technology, equipment, and services to the global oil and gas industry, in its cash tender offer (the “Tender Offer”) to purchase any and all its US$400M of 2.600% Senior Unsecured Notes due 2022 (the “Notes”). The Tender Offer expired on August 25, 2020 (the “Expiration Time”). As of the Expiration Time, US$217.07M aggregate principal amount of Notes had been validly tendered and not validly withdrawn. The Company accepted for payment all the Notes validly tendered and funded the purchase thereof with cash on hand.